~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday July 10, 2009A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- Can You Make Money Growing Wheat in 2010?
-- Climate Change Legislation on Hold
-- Dairy Cows Adding to Beef Market Tonnage- What's the Impact on the Cull Cow Market?
-- Jim Horne Earns High Honors
-- Wanna Go Watch the Bull Riders Ride????
-- A Salute to An Old Friend- Jack Eberspacher
-- FSA Slot Refilled- RMA Slot Filled by the Obama Team at USDA
-- Let's Check the Markets!
Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to have KIS Futures as a regular sponsor of our daily email update. KIS Futures provides Oklahoma Farmers & Ranchers with futures & options hedging services in the livestock and grain markets- Click here for the free market quote page they provide us for our website or call them at 1-800-256-2555.
We are also excited to have as one of our sponsors for the daily email
Producers Cooperative Oil Mill, with 64 years of progress through
producer ownership. Call Brandon Winters at 405-232-7555 for more
information on the oilseed crops they handle, including sunflowers and
canola- and remember they post closing market prices for canola and
sunflowers on the PCOM
website- go there by clicking here.
If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here.
Can You Make Money Growing Wheat in 2010?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~OSU Grain Marketing Economist Dr. Kim Anderson believes that we may be closer to a bottom of the wheat market than not. He says the Supply Demand numbers that will be out on Friday morning will help provide a final piece of the puzzle to give us a feel about if we are close to touching bottom- or if we have another twenty to thirty cents of down still to go. Dr. Anderson does see a December first wheat price for Oklahoma somewhat lower than where prices now sit. And, Dr. Anderson says that some of his colleagues at OSU have figured a likely break even price for wheat in the 2010 growing season at around $5.50 per bushel, including a charge for land. He believes that it will be difficult to pencil out a profit if you can only see production near thirty bushels per acre.
Dr. Anderson reminds producers that if you can't work out a profit with pencil and paper- it's probably going to be hard to make it work out in the field.
Anderson's comments comes on the weekly OSU Ag Communications program, SUNUP, to be seen Saturday morning on OETA. Besides Kim Anderson, the SUNUP crew have a good show lined up- and we have details of that on our website- along with the audio of their conversation with Kim Anderson as preview of the show. Click on the link below to jump to the show lineup and Kim's comments.
Click here for the audio of Kim Anderson's Wheat Marketing Strategy- as well as the SUNUP lineup for Saturday.
Climate Change Legislation on Hold
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Climate change legislation will remain in a Senate committee until September when Congress returns from its summer recess. Environment and Public Works Committee Chairwoman Barbara Boxer of California says she no longer intends to mark up the bill before the recess begins on August 7th. This move is expected to give negotiators and their aides an extra month to work on the controversial legislation.
The delay was agreed to in a meeting between Boxer; Majority Leader Harry Reid; and Carol M. Browner, the White House coordinator of energy and climate policy. Reid had originally declared a deadline of September 18th for all committees to finish their work on the bill. That deadline is now September 28th.
The delay will give Boxer more time to work on legislative text. Her
bill will be modeled on legislation that narrowly passed the House in June
- which would cap greenhouse gas emissions that lead to global warming and
create a system for buying and selling emissions permits. However - Boxer
will likely have to make significant changes to the House bill in order to
win support for her measure even among Democrats.
Dairy Cows Adding to Beef Market Tonnage- What's the Impact on the Cull Cow Market?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We wrap up our series of Beef Buzz updates with Jim Robb of the Livestock Market Information Center on current cattle market conditions. Today, we turn our attention to cull cow prices- and the impact of the latest dairy cow buyout the Dairy Industry has been running. Robb says that while beef cow prices were depressed for a few weeks, he believes they have adjusted in most parts of the country and have recovered from the shock of about 100,000 dairy cows coming onto the cull cow market in this artificial way.
In fact, he says that we actually have had fewer beef cows over the
last couple of months this spring and early summer than a year ago, as
pasture conditions have been better in many mama cow regions of the
We have our end of the week Beef Buzz with Jim Robb linked below- and links on that page we are sending you to for both our Wednesday and Thursday Beef Buzz as well, in case you missed some of Jim's earlier comments about where this cattle market currently is.
Click here for our Beef Buzz with Jim Robb on Dairy Cows and Beef Cows and Drop Credits to boot.
Jim Horne Earns High Honors
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Kerr Center President and Chief Executive Officer Dr. James E. "Jim" Horne was honored for a lifetime of achievement by the Northeastern Agricultural and Resource Economics Association (NAREA) during their annual meeting last month in Burlington, Vermont. Horne received the association's Outstanding Public Service through Economics Award, which "honors and recognizes economists who have applied agricultural, environmental, consumer, resource or community development economics in a unique way that has contributed toward solving an important problem and improving the welfare of society."
Dr. Doug Morris of the University of New Hampshire, who is NAREA secretary/treasurer, said that Dr. Horne was being recognized for guiding the Kerr Center's work since 1985, successfully broadening and expanding the foundation's focus and programs. The non-profit center has gone from working mainly with cattle producers in southeastern Oklahoma to serving ag producers raising a variety of crops. Horne and the center have worked with groups working on issues as diverse as farmland preservation, hunger, and the development of local markets for Oklahoma farm produce.
At the same time, the center remains grounded in the local community, with ongoing livestock and horticultural projects. Under Horne's leadership, the center has won awards for its soil and water conservation work, for environmental education, and most recently, for promoting children's health, to name just a few. Horne has served as chairman of the Southern Region Council for the U. S. Department of Agriculture's Sustainable Agriculture Research and Education (SARE) Program; as a member of the Scoping Task Force on Sustainable Agriculture for the President's Council on Sustainable Development; and as chairman of the U.S.D.A.'s National Sustainable Agriculture Advisory Council.
Click on the link below for more on this honor that has been bestowed on the Kerr Center for Sustainable Agriculture's Jim Kerr.
Click here for more on this Lifetime Achievement Award Given to Jim Horne of the Kerr Center for Sustainable Agriculture
Wanna Go Watch the Bull Riders Ride????
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We are pleased to have a chance to work with Monsanto's Genuity Brand Seeds to be able to give you a chance at some great tickets for next weekend's Professional Bull Riding competition that will be happening in the BOK center in Tulsa, July 17-19. I know that not everyone can get away and go to Tulsa one of those three nights, but if you can, we want to give you a shot at a set of 2 or 4 VIP tickets for this PBR event.
We have tickets for all three nights- Friday, Saturday and Sunday. For your chance to win, you can enter one of two ways. One is to email me (at the address at the bottom of this email) with your name, phone number and physical address- we need that in order to be able to send tickets- and tell me whether you need two or four tickets and which night you know you can use them. You can also call me with all of ths info at 405- 841-3675 and leave me a voice mail. We will take entries until noon central time on Saturday- then draw names from those entries and announce the winners in Monday's email and on the website. I have four VIP tickets per night- that's what you are entering for a chance at. Friday and Saturday perfoermances are evening affairs, while Sunday is a matinee.
These tickets are courtesy of our friends at Genuity, who are very pleased to help bring the PBR circuit to Tulsa here in 2009. Genuity encompasses Monsanto's latest corn, soybean, cotton and specialty crop traits(think winter canola!), as well as future trait technologies in Monsanto's research and development pipeline.
A Salute to An Old Friend- Jack Eberspacher
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The CEO for the old National Grain Sorghum Producers Association for much of the decade of the 1990s, Jack Eberspacher, passed away peacefully in his sleep July 5th. He was on indefinite medical leave from his position as President and CEO of the Ag Retailers Association after a cancer diagnosis in late April. He is survived by his wife, Jinger, and his children Sam and Maggie.
"Jack was our colleague and dear friend," said Tim Lust, current
National Sorghum Producers CEO. "His leadership carried this organization
both through rough patches and tremendous growth. He cast a remarkable
vision for NSP and never let the organization stray from its farmer
members and the basics."
Friends of Jack Eberspacher have set up an educational trust for his
children. Please make checks payable to the "Sam and Maggie Eberspacher
Educational Trust." Memorials may be mailed to:
A memorial service is scheduled for Saturday, July 11, at 2:30 p.m., at the Vienna Presbyterian Church in Vienna, Virginia. A reception will be held at the church immediately following the service.
Click here for more information from the Ag Retailers Association on the Memorial Service planned for tomorrow for Jack Ebersapcher
FSA Slot Refilled- RMA Slot Filled by the Obama Team at USDA
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Secretary of Agriculture Tom Vilsack announced Jonathan Coppess Thursday as Administrator for the Farm Service Agency. Coppess previously worked for U.S. Senator Ben Nelson as his Legislative Assistant for Agriculture, Energy and Environmental policy. Secretary Vilsack says Coppess brings a wealth of agricultural policy experience to USDA's leadership team - and his farm background will be invaluable as President Obama and Vilsack work to assure the soundness of the safety net for American farmers and ranchers. Coppess will replace Doug Caruso who just stepped down after a short two months on the job.
Secretary Vilsack also named the Administrator of USDA's Risk Management Agency Thursday. William Murphy most recently served as Acting Administrator for RMA during the transition to the Obama Administration. He previously served as Deputy Administrator for Insurance Services for RMA. Vilsack says Murphy brings valuable hands-on expertise and executive management to the USDA's leadership team.
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Let's Check the Markets!
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